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Home Improvement Retail Industry Stocks Technical Analysis - HDArchive
- 3/20/2026 -
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Home Depot (HD) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Home Depot (HD). During the week, the HD dropped -18.28 points, or -5.39%, and closed at 320.75 on Friday, March 20, 2026. Weekly volume was 22% above average.
 Long-term trend: [See HD long-term trend chart]
A long-term uptrend had started on October 10, 2008 at 17.05 and reached 439.40 on November 26, 2024. HD gained -422.35 points, or -2477.13%, in 841 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (331.96) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. HD may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See HD medium-term trend chart]
A medium-term downtrend had started on February 12, 2026 at 397.63 and reached 320.26 on March 20, 2026. HD lost 77.37 points, or 19.46%, in 5 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See HD weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is below its signal line since March 6, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See HD short-term trend chart]
A short-term downtrend had started on February 24, 2026 at 394.35 and reached 320.26 on March 20, 2026. HD lost 74.09 points, or 18.79%, in 24 days. Price is near the trend low.
 Daily Technical Indicators: [See HD daily technical indicators chart]
Daily Relative Strength Index and Williams' Percentage Range are oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Williams' Percentage Range or strongly oversold daily Lane's Stochastic.
The daily MACD line is below its signal line since February 13, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term downtrend is still strong, and momentum is beginning to wane.
The distance between the Bollinger Bands (23.01%) is close to one year high (19.34%). It is 145.77% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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